Lloyds Banking Group has invested €3m in technology company Enigio to expand its use of digital documentation in trade.
The €3m investment will allow Enigio to expand its bespoke solution, trace:original, which removes the need to physically transfer paper documentation within trade transactions. Lloyds Banking Group led Enigio’s latest funding round, with existing investors Stockhorn Capital and MOOR Holding also participating in the raise totalling ca. €6 million.